Corbett Brasington
Hard lender wants "good faith deposit" after EM paid... red flag?
So I am buying a property through a wholesaler, I already put down 7k of earnest money on the property, a hard money lender who I am working with (and got from the bigger pockets lists) asked for a "Good Faith Deposit...
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Basement suite in own house?
Hello All, I'm New to this web site, it is a GREAT site. Im always thinking realestate 24/7.
Heres my first question.
Should i put a suite in my basement To start my REI career?
I own my own home and have been luc...
Chuck VanDyne
I won’t invest in rental property in my Self-Directed IRA!
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
Donald Hendricks
MAYDAY! Contractor sucks!
I just moved out of my primary house, which I am converting to a rental. I hired a LifeStyles Unlimited (real estate investors club) recommended vendor from their magic vendor list. Regardless, it appears that this ...
Henry Clark
Self Storage Day to day Constructing a new facility
Day in the life- Constructing a New Facility location
23 June 2020, 08:39 We are starting our 8th and final storage location. I will try to give an update as we go through construction. Although this will be instruct...
Randy F.
Do It Yourself Donts
Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
Lane Kawaoka
My First Remote Out of State Turnkey - 18 Month Report Card
This Birmingham, Alabama property was put into service in September of 2014 and was the successful beta test to prove the concept of remote out-of-state investing. I acquired the property from a marketer that makes co...
Chris Wilkening
Dave Ramsey says RE should be 5% of portfolio
I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
Chris Corbin
Owner won't sell because of capital gains!
Hello- I have been spending a considerable amount of time calling multifamily owners in my farm area and keep running into the same problem. Many of the owners would love to sell their property but have owned it for 3...
Adrian Smude
The BRRRR method is dead
I believe the BRRR method is dead or at best on life support! The last decade has been easy for investors to use the BRRR method, but now we need to learn other methods. I've been learning these other methods for ov...